Lyon is one of the most vibrant cities in France, renowned for its rich history, gastronomic delights, and thriving real estate market. If you’re considering moving to Lyon or investing in property, this 2024 guide highlights the top areas of Lyon and provides insights into the current property prices.
1. Vieux Lyon (Old Lyon)
Overview of Vieux Lyon
Vieux Lyon, a UNESCO World Heritage site, is famous for its Renaissance architecture, cobbled streets, and picturesque riverside views. It offers a blend of historic charm and modern amenities, making it a sought-after area for residents and tourists alike.
Property Prices in Vieux Lyon
Due to its cultural significance and central location, property prices here tend to be on the higher side. As of 2024, expect to pay €4,500–€5,500 per square meter, with renovated properties in restored buildings commanding even higher prices.
2. Presqu’île
Overview of Presqu’île
Presqu’île, nestled between the Rhône and Saône rivers, is the beating heart of Lyon. This bustling district offers a mix of shops, restaurants, and cultural landmarks, making it an ideal spot for those who want to live in the city center while enjoying a high-quality urban lifestyle.
Property Prices in Presqu’île
Presqu’île is one of Lyon’s most desirable areas, with property prices ranging from €5,200 to €7,000 per square meter. For luxury apartments or penthouses with river views, prices can exceed €10,000 per square meter.
3. La Croix-Rousse
Overview of La Croix-Rousse
La Croix-Rousse is a historic district located on the northern hill of Lyon. Known for its bohemian atmosphere, art scene, and stunning panoramic views of the city, it’s a popular choice for families and young professionals who appreciate a quieter, more residential environment.
Property Prices in La Croix-Rousse
While more affordable than Presqu’île or Vieux Lyon, La Croix-Rousse is seeing a rise in property prices due to its growing popularity. Expect to pay €3,500–€4,500 per square meter for most properties. Homes in renovated silk workers’ houses can command premium prices.
4. Part-Dieu
Overview of Part-Dieu
Part-Dieu is Lyon’s modern business hub, home to the city’s central train station and a large shopping mall. While primarily a commercial district, it also offers residential options, making it attractive for professionals who want easy access to public transportation and urban amenities.
Property Prices in Part-Dieu
Property prices in Part-Dieu are more affordable compared to Lyon’s historic neighborhoods, with an average price per square meter ranging from €3,200 to €4,200. Newly developed properties near transport links may cost slightly more.
5. Tête d’Or
Overview of Tête d’Or
Tête d’Or is an upscale district located near Parc de la Tête d’Or, one of France’s largest urban parks. This neighborhood is perfect for those looking for a family-friendly environment with proximity to green spaces, prestigious schools, and a high standard of living.
Property Prices in Tête d’Or
As one of Lyon’s most affluent neighborhoods, property prices here are among the highest in the city. The average price per square meter ranges from €5,500 to €7,500, with luxury properties reaching upwards of €10,000 per square meter.
6. Monplaisir
Overview of Monplaisir
Monplaisir is a quieter residential area located to the southeast of Lyon’s city center. Known for its village-like atmosphere and mix of traditional and modern homes, Monplaisir offers an excellent balance between affordability and convenience.
Property Prices in Monplaisir
Monplaisir is one of Lyon’s more affordable neighborhoods, with prices ranging from €3,000 to €4,000 per square meter. It’s an excellent option for first-time buyers or those looking for a more relaxed living environment with easy access to the city center.
7. Bron
Overview of Bron
Bron, located just east of Lyon, is an emerging suburb that offers great value for money. Known for its green spaces, excellent schools, and proximity to Lyon’s airport, it’s a great option for families or those working outside the city center but still looking to stay close to Lyon’s amenities.
Property Prices in Bron
Bron offers some of the most affordable properties in the Lyon metropolitan area, with prices ranging from €2,200 to €3,200 per square meter. While it’s not as centrally located, it’s an appealing option for those seeking a suburban lifestyle with convenient transport links.
Conclusion
Lyon offers a diverse range of neighborhoods to suit all types of residents, from the historic charm of Vieux Lyon to the modern conveniences of Part-Dieu. Property prices vary significantly across the city, with areas like Presqu’île and Tête d’Or catering to high-end buyers, while neighborhoods like Monplaisir and Bron provide more affordable options for first-time buyers and growing families.
Whether you’re buying your first home or investing in a rental property, understanding the real estate market in Lyon will help you make an informed decision. Use this guide to explore Lyon’s top areas and navigate the property market with confidence in 2024.
